This Lead-Based Paint Disclosure statement is required by Federal Law when selling residential housing built prior to 1978. If the home was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the seller and buyer. If the dwelling was constructed in 1978 or later, this form is not required. If in doubt about the timing of construction, use the disclosure form. Whenever the form is used, the seller must also give the buyer the EPA pamphlet discussed below.
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Lead-Based Paint Disclosure (Sales) Arkansas Street Address City State Zip WARNING! LEAD FROM PAINT, DUST, AND SOIL CAN BE DANGEROUS IF NOT MANAGED PROPERLY Disclosure of Information on Lead-Based
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How to fill out lead-based paint disclosure sales
To fill out the lead-based paint disclosure sales, follow these steps:
01
Begin by clearly identifying the property for which the disclosure is being made, including the address and any relevant property identification numbers.
02
State the specific year the property was built, as well as whether or not it is exempt from the federal lead-based paint requirements.
03
If the property was built before 1978, provide the necessary disclosures about any known lead-based paint or hazards. Include information about the potential risks associated with lead-based paint exposure.
04
If applicable, provide any available records or reports regarding lead-based paint or hazards. This can include inspection reports, testing results, or any previous remediation actions taken.
05
Fill out the acknowledgment section, which should include signatures from both the seller and the buyer or lessee, indicating their understanding and acceptance of the lead-based paint disclosure.
06
Retain a copy of the completed lead-based paint disclosure for your records.
The lead-based paint disclosure sales are required for any residential property built before 1978. This includes single-family homes, apartments, and condominiums. Both sellers and lessors of these properties are obligated to provide the lead-based paint disclosure to potential buyers or lessees. Additionally, real estate agents or brokers involved in the transaction should ensure the proper disclosure is provided to all parties involved.
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What is lead-based paint disclosure sales?
Lead-based paint disclosure is a requirement for sales of residential properties built before 1978. It is a document that informs potential buyers about the presence of lead-based paint or lead-based paint hazards in the property.
Who is required to file lead-based paint disclosure sales?
The seller or the seller's agent is required to provide the lead-based paint disclosure sales form to potential buyers.
How to fill out lead-based paint disclosure sales?
The lead-based paint disclosure sales form can be filled out by providing accurate information about the presence of lead-based paint or lead-based paint hazards in the property. The form typically includes details about the property, information about testing for lead-based paint, and any known hazards or repairs.
What is the purpose of lead-based paint disclosure sales?
The purpose of lead-based paint disclosure sales is to ensure that potential buyers are aware of any potential health hazards associated with the presence of lead-based paint in a residential property. It allows buyers to make informed decisions and take necessary precautions to protect their health.
What information must be reported on lead-based paint disclosure sales?
The lead-based paint disclosure sales form typically requires information about the property, such as the address, the year it was built, and details about any testing or inspections conducted for lead-based paint. It may also require information about any known lead-based paint hazards or repairs done.
When is the deadline to file lead-based paint disclosure sales in 2023?
The deadline to file lead-based paint disclosure sales in 2023 may vary depending on local regulations and requirements. It is advisable to consult with local authorities or legal professionals for specific deadlines in your area.
What is the penalty for the late filing of lead-based paint disclosure sales?
The penalty for the late filing of lead-based paint disclosure sales may also vary depending on local regulations and requirements. It is advisable to consult with local authorities or legal professionals for information regarding penalties for late filing.
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